Pakistan, Saudis agree to increase investment

ISLAMABAD: Pakistan and Saudi Arabia have agreed to work towards increasing investment in key sectors, paving the way for sustainable economic growth and prosperity. The agreement reached between the two countries during a recently concluded visit of the Federal Minister for Commerce, Industries and Production, Investment, Interior and Overseas Pakistanis, Dr Gohar Ejaz to Saudi Arabia, where he held high-level discussions with Saudi authorities. “The discussions were aimed at strengthening bilateral economic ties between the two nations,” said a news release on Tuesday. During his visit, Ejaz met with key Saudi officials including Minister of Investment Khaled Al-Falih and Commerce Minister Majid Bin Abdullah Al-Qasabi in Riyadh.